NEW YORK, Feb. 16, 2024 /PRNewswire/ — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
HireRight Holdings Corporation (NYSE: HRT)’s sale to affiliates of General Atlantic, L.P. and Stone Point Capital LLC for $14.35 per share in cash. If you are a HireRight shareholder, click here to learn more about your rights and options.
Kinnate Biopharma Inc. (NASDAQ: KNTE)’s sale to XOMA Corporation. Under the terms of the proposed transaction, XOMA would acquire Kinnate for (i) a base cash price of $2.3352 per share and (ii) an additional cash amount of not more than $0.2527 per share at the closing of the merger plus a non-transferable contingent value right, representing the right to receive 85% of the net proceeds from any out license or sale of the Kinnate programs effected within one year of closing of the merger or 100% of the net proceeds from any out license or sale executed prior to the closing. If you are a Kinnate shareholder, click here to learn more about your rights and options.
California BanCorp (NASDAQ: CALB)’s sale to Southern California Bancorp for 1.590 shares of Southern California common stock for each share of California BanCorp common stock. Upon completion of the proposed transaction, California BanCorp shareholders will own approximately 42.9% of the outstanding shares of the combined company. If you are a California BanCorp shareholder, click here to learn more about your rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
SOURCE Halper Sadeh LLP